LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Value ETF
EFV
|
+$337M |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$308M |
| 3 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$228M |
| 4 |
Microsoft
MSFT
|
+$197M |
| 5 |
Apple
AAPL
|
+$196M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$89.7M |
| 2 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$79.9M |
| 3 |
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
|
+$77.7M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$48.7M |
| 5 |
iShares Russell Mid-Cap ETF
IWR
|
+$43.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.9% |
| 2 | Financials | 3.36% |
| 3 | Healthcare | 2.79% |
| 4 | Consumer Discretionary | 2.72% |
| 5 | Industrials | 2.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Franklin FTSE Japan ETF
FLJP
$3.97B
| $30.8M | 0.01% |
1,013,886
-145
| -0% | -$4.27K |
|
827
Franklin Income Focus ETF
INCM
$1.69B
| $30.8M | 0.01% |
1,134,333
+294,651
| +35% | +$7.84M |
|
828
Clear Secure
YOU
$5.57B
| $30.8M | 0.01% |
928,762
-60,463
| -6% | -$1.56M |
|
829
McCormick & Company Non-Voting
MKC
$13.7B
| $30.8M | 0.01% |
373,773
+29,445
| +9% | +$2.3M |
|
830
JPMorgan BetaBuilders Japan ETF
BBJP
$17.5B
| $30.7M | 0.01% |
517,409
-59,945
| -10% | -$3.45M |
|
831
Motley Fool 100 Index ETF
TMFC
$2.06B
| $30.5M | 0.01% |
541,720
+20,420
| +4% | +$1.11M |
|
832
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.78B
| $30.5M | 0.01% |
177,118
-22,237
| -11% | -$3.68M |
|
833
Vanguard Communication Services ETF
VOX
$5.59B
| $30.5M | 0.01% |
209,446
-11,481
| -5% | -$1.59M |
|
834
Ulta Beauty
ULTA
$22B
| $30.3M | 0.01% |
77,774
+11,505
| +17% | +$4.32M |
|
835
ActivePassive US Equity ETF
APUE
$2.42B
| $30.2M | 0.01% |
856,827
+444,883
| +108% | +$15.1M |
|
836
Diamondback Energy
FANG
$57.1B
| $30.2M | 0.01% |
175,108
-23,857
| -12% | -$4.59M |
|
837
Yum! Brands
YUM
$42.3B
| $30M | 0.01% |
214,479
+12,397
| +6% | +$1.65M |
|
838
First Trust Nasdaq Artificial Intelligence and Robotics ETF
ROBT
$723M
| $29.8M | 0.01% |
680,133
-81,727
| -11% | -$3.44M |
|
839
iShares US Financial Services ETF
IYG
$2.16B
| $29.5M | 0.01% |
415,933
+32,774
| +9% | +$2.25M |
|
840
Xtrackers S&P 500 ESG ETF
SNPE
$2.63B
| $29.3M | 0.01% |
557,682
-36,161
| -6% | -$1.84M |
|
841
Occidental Petroleum
OXY
$56.8B
| $29.3M | 0.01% |
568,255
-24,959
| -4% | -$1.42M |
|
842
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.3B
| $29.2M | 0.01% |
231,891
+102,109
| +79% | +$12.3M |
|
843
Vanguard Russell 1000 ETF
VONE
$8.27B
| $29.1M | 0.01% |
112,041
-8,104
| -7% | -$2.03M |
|
844
First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
$918M
| $29.1M | 0.01% |
1,421,669
+190,107
| +15% | +$3.84M |
|
845
PIMCO Corporate & Income Opportunity Fund
PTY
$2.48B
| $29.1M | 0.01% |
2,022,960
+123,269
| +6% | +$1.76M |
|
846
WisdomTree Global ex-U.S. Quality Growth Fund
DNL
$481M
| $29.1M | 0.01% |
738,006
+39,846
| +6% | +$1.56M |
|
847
lululemon athletica
LULU
$13.5B
| $29M | 0.01% |
106,926
+8,896
| +9% | +$2.36M |
|
848
Icon
ICLR
$12.6B
| $29M | 0.01% |
100,961
+4,495
| +5% | +$1.42M |
|
849
CME Group
CME
$96.3B
| $28.9M | 0.01% |
130,979
-50,394
| -28% | -$10.4M |
|
850
First Trust International Developed Capital Strength ETF
FICS
$218M
| $28.9M | 0.01% |
770,426
+97,070
| +14% | +$3.46M |
|
Similar funds
LPL Financial's Q3 2024 Portfolio in Review
As of Q3 2024, LPL Financial held 5,335 positions worth $224B, up 12% from $201B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
LPL Financial deployed $12.1B of net new capital in Q3 2024, opening 324 new positions and adding to 3,037 existing holdings. Its largest new stake was AB International Low Volatility Equity ETF: 419,588 shares worth $15.4M.
By sector, the portfolio is most concentrated in Technology at 7.9% of assets, down from 8.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Energy Select Sector SPDR ETF, an estimated $89.7M trimmed.
- LPL Financial's largest Q3 2024 buy was AB International Low Volatility Equity ETF: 419,588 shares worth $15.4M.
- LPL Financial added most to iShares MSCI EAFE Value ETF in Q3 2024, an estimated $337M increase.
- LPL Financial's biggest Q3 2024 reduction was State Street Energy Select Sector SPDR ETF, cutting an estimated $89.7M.
- LPL Financial fully exited Encore Wire Corp in Q3 2024, selling an estimated $15.2M.
- LPL Financial's ten largest holdings make up 16% of its $224B portfolio in Q3 2024.
- LPL Financial opened 324 new positions and closed 179 in Q3 2024.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $224B.
Based on LPL Financial's 13F filing for Q3 2024, filed 8 Nov 2024.